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Energy
Energy Metals and Elevate Uranium Report Positive Bigrlyi Project Results
October 08, 2024 06:51 PM AEDT| By Team Kalkine MediaHighlights,Energy Metals and Elevate Uranium report strong drilling results at Bigrlyi project.,Drilling has revealed uranium grades exceeding 10,000 ppm U₃O₈ in multiple sub-deposits.,Revised mineral resource estimate (MRE) expected after assay resu...
Brookside Energy Sees Strong Start at Flames Maroons Wells in Oklahoma
October 08, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Brookside Energy reports strong initial production from its Flames Maroons wells.,The wells have generated US$4.3 million in revenue and produced 80,000 barrels of oil equivalent (BOE).,Daily production is currently around 3,900 BOE per da...
TMK Energy Begins Drilling New Pilot Wells in Mongolia's Gobi Region
October 08, 2024 02:27 PM AEDT| By Team Kalkine MediaHighlights,TMK Energy begins drilling at its Gurvantes XXXV project in Mongolia.,Three pilot wells are planned under the Lucky Fox Project.,The campaign aims to boost gas production with advanced technology and techniques.,Mongolia-based energy explo...
Elixir Energy Confirms Gas Flow at Daydream-2, Prepares for Next Phase
October 08, 2024 01:32 PM AEDT| By Team Kalkine MediaHighlights,Elixir Energy confirms gas flow at Daydream-2 well in Queensland.,Daydream-2 recorded a peak gas flow rate of 2.6 million standard cubic feet per day.,Plans for Daydream-3,well are,underway, with resource estimates significantly increased....
Elixir Energy Moves Toward Gas Production Despite Lower Flow Rates at Daydream-2
October 08, 2024 11:36 AM AEDT| By Team Kalkine MediaHighlights,Elixir Energy confirms gas flow at Daydream-2 well in Queensland.,Flow rates lower than expected but seen as remediable in future wells.,Company secures long-term landholding for future gas production.,Elixir Energy,(ASX:EXR),is advancing...
ASX Closes Lower, Energy Stocks Shine Amid Market Decline
October 04, 2024 05:28 PM AEST| By Team Kalkine MediaHighlights,ASX closes 0.67% lower, ending at 8,150 points.,Energy sector gains, while Materials lead declines.,Light & Wonder and Viva Energy top performers.,The Australian Securities Exchange (ASX) closed 0.67% lower today, finishing at 8,150 points...
ASX Slips Amid Middle East Tensions; Energy Stocks See Gains
October 04, 2024 12:49 PM AEST| By Team Kalkine MediaHighlights,ASX falls as Middle East tensions rise, energy stocks gain.,Oil prices surge, boosting companies like Woodside and Santos.,Mining sector declines as recent stimulus-driven gains fade.,The Australian share market is experiencing a downturn...
Geopolitical Tensions Challenge Corporate Sustainability Efforts
October 04, 2024 12:44 PM AEST| By Team Kalkine MediaHighlights:,Technological and Regulatory Drivers,:,Two-thirds of executives emphasize the need for climate technology to meet sustainability goals, with notable progress in circular economy practices.,Consumer,Skepticism,:,Over half of consumers perc...
Provaris Energy (ASX:PV1) Expands CO2 Storage & Hydrogen Transport Solutions
October 04, 2024 10:43 AM AEST| By Team Kalkine MediaHighlights,Provaris,Energy advances CO2 storage and hydrogen transport technology.,Joint development with Yinson focuses on large-scale carbon storage solutions.,Efforts align with EU standards, aiming to reduce costs and improve efficiency.,Provaris...
Woodside Energy (ASX:WDS) Halts Texas Operations After Fatal Incident
October 04, 2024 10:31 AM AEST| By Team Kalkine MediaHighlights,Woodside Energy halts operations at its Texas site after a fatal incident.,All other personnel at the Beaumont Clean Ammonia site are safe and accounted for.,A full investigation has been,initiated,to,determine,the cause of the incident.,W...
Pure Hydrogen (ASX: PH2) Expands US via ETHERO Partnership
October 03, 2024 06:05 PM AEST| By Team Kalkine MediaHighlights,Pure Hydrogen forms a strategic partnership with ETHERO in the US.,The agreement focuses on supplying Hydrogen Fuel Cell and Battery Electric vehicles.,Pure Hydrogen continues its global expansion, with a strong presence in multiple market...
CleanPeak Energy Expands Solar Farm Portfolio by a Third, Bolstering Battery Integration
October 03, 2024 11:53 AM AEST| By Team Kalkine MediaSummary Points:,CleanPeak,Energy, valued at $500 million, has expanded its solar farm portfolio by,acquiring,three,additional,sites in New South Wales, including two operational farms and a project in development.,The company is integrating batteries...
GTI Energy Ltd (ASX:GTR) Prepares for Final Drilling Phase at Lo Herma Uranium Project
October 03, 2024 11:03 AM AEST| By Team Kalkine MediaHighlights,GTI Energy Ltd will start its final drilling phase at the Lo Herma Uranium Project later this month.,The company plans to update its mineral resource estimate and explore economic potential by year-end.,Nearby, Uranium Energy Corp (UEC) is...
Pancontinental Energy (ASX:PCL) Assessing Cash Burn and Financial Stability
October 03, 2024 10:55 AM AEST| By Team Kalkine MediaHighlights,Pancontinental Energy has a cash runway of 2.4 years, providing a reasonable buffer for operations.,The company's cash burn increased by 16% over the last year,,indicating,rising investment in growth.,With a market capitalization of AU$126...
Brookside Energy Ltd (ASX:BRK) Secures Credit Facility to Fuel Growth
October 03, 2024 10:01 AM AEST| By Team Kalkine MediaHighlights,Brookside Energy Ltd has secured a US$25 million credit facility to support growth initiatives.,The facility offers financial flexibility with an interest-only agreement over three years.,Brookside is,well-positioned,to enhance shareholder...
Buru Energy Ltd Secures Funding to Drive Exploration and Production
October 01, 2024 01:44 PM AEST| By Team Kalkine MediaHighlights,Buru Energy Ltd secures $3 million for the Rafael Shallow 1 oil exploration well.,The company ends its farm-in agreement with Sabre Energy, reaffirming shareholder value.,An oversubscribed placement raises $6.7 million to boost the Rafael...
Strike Energy (ASX:STX) Navigates Financial Strain Amid Balance Sheet Pressures
October 01, 2024 09:48 AM AEST| By Team Kalkine MediaHighlights,Strike Energy has AU$17.1 million in net cash as of June 2024,.,The company improved its EBIT to AU$2.5 million from a loss last year,.,Strike Energy’s liabilities are manageable given its cash position and market cap.,Legendary fund manag...
Buru Energy Ltd (ASX:BRU) Secures New Funding to Propel Strategic Initiatives Forward
September 30, 2024 05:02 PM AEST| By Team Kalkine MediaHighlights,Buru Energy Ltd ends agreements with Sabre Energy and secures new funding.,The company will drill the Rafael Shallow 1 well, focusing on the Rafael Gas Project.,A $6.7 million share placement supports development and restarts oil productio...
Triangle Energy Joint Venture Moves Ahead with North Perth Basin Drilling Plans
September 30, 2024 02:49 PM AEST| By Team Kalkine MediaHighlights,Triangle Energy's joint venture secures environmental plan approval.,The Becos-1 well targets oil reservoirs with up to 5 million barrels.,Drilling is expected to begin once rig tenders are finalized.,The joint venture between Triangle Ene...
AGL Energy Secures Long-Term Power Contract with Portland Smelter
September 30, 2024 10:52 AM AEST| By Team Kalkine MediaHighlights:,AGL Energy Limited (,ASX,:AGL,) has secured a new 287 MW electricity supply contract with a Portland smelter, set to begin in mid-2026, extending until 2035.,The contract includes an option to replace up to 30 percent of the contracted el...
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